Since August 2020, MicroStrategy (MSTR) has bought 129K Bitcoins to add the flagship Cryptocurrency to its balance sheet. Michael Saylor first bought the cryptocurrency by converting $250 million of its cash holdings into 21,454 BTC. The company has to buy the dip to triple its holdings over the past two years. However, CNBC’s Kate Rooney states that purchases have also come at a $2.4 billion debt.